Strong Recovery of Earnings Power in Austrian Manufacturing in 2021
Klaus Friesenbichler,
Tim Slickers and
Arash Robubi
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Tim Slickers: Austrian Institute of Economic Research
Arash Robubi: Austrian Institute for SME Research
WIFO Reports on Austria, 2022, issue 13
Abstract:
At 9.1 percent, the cash-flow-to-sales ratio in Austrian manufacturing in 2020 was well below the long-term average of 9.5 percent. According to WIFO's econometric estimations, the cash flow ratio rose to 10.2 percent in 2021. The increase reflects the recovery from the COVID-19 crisis. Preliminary results for 2022 show a decrease of the earnings power.
Keywords: Cash flow; Profitability; Equity; Austria; COVID-19 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:wfo:repoau:y:2022:i:13
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